Long-term care providers will likely see their professional liability and property insurance rates climb again this year, but experts at a global financial services firm predict those cost increases ...
Regulators from Minnesota and Texas handle long-term care (LTC) rate review requests very differently, but is one method better than the other? A National Association of Insurance Commissioners' ...
Our team collected more than 60,000 sample quotes from life insurance companies using unique user profiles to give readers an accurate view of pricing across competitors. We gather quotes for ages 18 ...
Genworth Financial, one of the largest providers of long-term care insurance in the U.S. and one of only two companies selling coverage through a state partnership program in Connecticut, ties its ...
I turn 65 next year and will finally retire with $1.5M in my 401 (k). But with a chronic health condition, do I also need ...
The high cost of long-term care can significantly impact seniors' finances at a time when many older Americans can least afford it. According to Genworth's 2023 Cost of Care Survey, the average cost ...
It’s not just a ball of confusion when it comes to long-term care insurance. It’s one massive ball pit and Americans are drowning in it. It's time for the financial advisor community to literally play ...
A.M. Best Company, Inc. Prudential Financial Inc. is the latest of several big-name U.S. life insurers to announce it's stopping sales of long-term care insurance to individuals. Prudential Group ...
Cognitively impaired individuals are more likely to allow a long-term-care insurance policy to lapse even though they're more likely to need long-term care in the future, according to a new study ...
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Long-Term Care Insurance: 10 Things You Should Know
When you imagine your retirement journey, you likely picture trips to the beach, leisurely days with the grandkids and lots of time for hobbies. A lengthy stay in a nursing home probably isn’t part of ...
Mutual of Omaha offers standalone long-term care (LTC) insurance, an increasing rarity in the life insurance space. It has an age cap of 79 in most states and boasts outstanding customer service, both ...
Editor’s note: This story is part of the Connecticut Mirror’s “Priced Out” project, an in-depth look at the troubled long-term care insurance industry in Connecticut. Genworth Financial, one of the ...
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